The three-story yacht mimics the city-state of Monaco’s key landmarks, including the famous Hotel de Paris, Casino, Prince's Palace, Loews Hotel, Port Hercule and La Rascasse.

Christened The Streets of Monaco, the super ship's main focus is a fully functional go kart race track that replicates the famous Grand Prix track in Monaco.

Rob McPherson, one of the founders of the project, said: "The theme is based around the Mediterranean principality with the primary focus being the famous grand prix circuit.

STUNNING: The boat would cost a staggering £244million to build [CATERS]

"The idea was to recreate the circuit as a fully functional kart track able to accommodate three karts side by side to allow for plenty of overtaking. By sizing the track in this way it has driven the overall dimensions of the yacht and the placement of the famous landmarks.”

Guests move between different stunning sections of the yacht, getting an experience of what it is like in Monaco.

Stretching to a staggering 155 meters in length, the ship accommodates 16 guests and 70 crew and travels at a top speed of 15 knots, or 17MPH.

The owners apartment is connected to all decks via a private lift and spread over 3 floors.

It is the most extravagant section of the ship and features a fire place, double height ceiling, office, bedroom, private courtyard, sunroom and a private sundeck with a Jacuzzi/swimming pool.

Rob added: "The team all have alternate careers working across various sectors including Marine, Aerospace and Interior Design.

THREE-STORY: The boat carries just 16 passengers making for a unique experience [CATERS]